55-1628. Same; powers and duties. The board shall have the following powers and duties, to:
(a) Administer and enforce the provisions of this act;
(b) establish an office for the board within the state of Kansas;
(c) elect a presiding officer and any other officers that may be necessary to direct the operations of the board;
(d) employ personnel as shall be deemed necessary to carry out the provisions of this act;
(e) administer the oil and gas resources fund;
(f) approve or disapprove the budget of the board;
(g) adopt rules as the board deems necessary to carry out the provisions of this act;
(h) enter into contracts or agreements for studies, research projects, experimental work, supplies or other services to carry out the purposes of this act; and to incur those expenses necessary to carry out such purposes. A contract or agreement entered into under this subsection shall provide that:
(1) The person entering the contract or agreement on behalf of the board shall develop and submit to the board a plan or project together with a budget that shows estimated costs to be incurred for the plan or project; and
(2) the person entering the contract or agreement shall keep accurate records of all such person's transactions, account for funds received and expended and make periodic reports to the board of activities conducted and other reports that the board may require;
(i) keep accurate records of all financial transactions performed pursuant to this act. Such records shall be audited annually by an independent auditor and an annual report shall be compiled;
(j) accept and deposit into the oil and gas resources fund donations, grants, contributions and gifts from any public or private source; and
(k) keep an accurate record of all assessments collected.
History: L. 2006, ch. 94, ยง 4; July 1.
Structure Kansas Statutes
Article 16 - Miscellaneous Provisions
55-1601 Lapsing and reversion of mineral interests; definition.
55-1602 Same; lapse and reversion, when.
55-1603 Same; use of mineral interest defined.
55-1604 Same; statement of claim, contents; filing, when and where; effect of failure to file.
55-1605 Same; notice of lapse by succeeding owner; contents; prima facie evidence, when.
55-1606 Same; recordation by register of deeds of statement of claim or proof of notice.
55-1607 Same; waiver of law prohibited.
55-1610 Development of minerals within city; definitions.
55-1611 Same; authorizing ordinance, requirements.
55-1612 Same; protective ordinances permitted, when.
55-1613 Same; act not applicable to certain drilling units.
55-1614 Interest payments on payments from oil or gas production; definitions.
55-1615 Same; interest on certain payments required; commencement and amount of payments; exception.
55-1616 Same; force and effect of waivers.
55-1617 Same; jurisdiction of court to settle disputes; attorney fees.
55-1618 Same; nonapplicability to certain interest payments.
55-1619 Same; rights of payee not limited or impaired.
55-1620 Oil and gas payments to interest owners; information required to be included.
55-1621 Same; contractual obligations or rights not affected.
55-1622 Oil and gas payments to interest owners; specific listing of information; when.
55-1622a Annual notice to royalty interest owners, required contents.
55-1622b Failure to provide required information; mediation; civil action.
55-1623 Oil and gas regulation by commission; penalties, procedures.
55-1624 FERC-ordered refunds of tax reimbursements; recovery.
55-1627 Kansas oil and gas resources board; purpose; membership; officers.
55-1628 Same; powers and duties.
55-1629 Same; meetings; director.
55-1630 Same; assessments on production of oil and gas; oil and gas resources fund.
55-1632 Same; refunds, request procedure.
55-1633 Oil and gas resources fund; interest; use.
55-1634 National or regional assessment; use of portion of state assessment in lieu of, when.
55-1635 Effect of act; severability.
55-1636 Carbon dioxide reduction act.
55-1637 Same; definitions; commission powers; liability limitation.
55-1638 Same; carbon dioxide injection well and underground storage fund.
55-1639 Same; violations, penalties; commission authority.
55-1640 Same; commission ingress and egress for investigation and enforcement.